SSV Limited - Filleted accounts

Registered number

05433820

SSV Limited

Filleted Accounts

30 April 2026

SSV Limited
Registered number:		05433820
Balance Sheet
as at 30 April 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		123,627			163,922

Current assets
Stocks		7,065			13,908
Debtors	4	230,207			249,491
Cash at bank and in hand		94,708			530,147
		331,980			793,546

Creditors: amounts falling due within one year	5	(154,597)			(308,329)

Net current assets			177,383			485,217

Total assets less current liabilities			301,010			649,139

Creditors: amounts falling due after more than one year	6		-			(1,667)

Provisions for liabilities			(21,507)			(20,506)


Net assets			279,503			626,966

Capital and reserves
Called up share capital			100			100
Profit and loss account			279,403			626,866

Shareholders' funds			279,503			626,966

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs D Shayler
Director
Approved by the board on 10 June 2026

SSV Limited
Notes to the Accounts
for the year ended 30 April 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% reducing balance method
	Motor vehicles			25% reducing balance method

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					9		9


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 May 2025	6,295		342,159		142,317		490,771
	Additions	-		6,870		-		6,870
	Disposals	-		(40,492)		(22,500)		(62,992)
	At 30 April 2026	6,295		308,537		119,817		434,649

	Depreciation
	At 1 May 2025	-		252,558		74,291		326,849
	Charge for the year	-		17,577		15,672		33,249
	On disposals	-		(31,915)		(17,161)		(49,076)
	At 30 April 2026	-		238,220		72,802		311,022

	Net book value
	At 30 April 2026	6,295		70,317		47,015		123,627
	At 30 April 2025	6,295		89,601		68,026		163,922


4	Debtors					2026		2025
£							£

	Trade debtors					204,292		123,777
	Other debtors					25,915		125,714
						230,207		249,491


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					1,667		10,000
	Trade creditors					21,030		160,061
	Taxation and social security costs					79,662		132,526
	Other creditors					52,238		5,742
						154,597		308,329


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					-		1,667


7	Controlling party

	The company is 100% owned by an Employee Ownership Trust.


8	Other information

	SSV Limited is a private company limited by shares and incorporated in England & Wales. Its registered office is:
	Office 17 The Atkins Building
	Lower Bond Street
	Hinckley
	Leicestershire
	LE10 1QU